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Gold continues to decline, moving further away from the 2005 USD level since yesterday's trading session. At the time of writing, the price is trading at 1983 USD, providing clear evidence of the downward trend.
Forecast: The upward momentum of gold is being hindered by various factors, including loose monetary policies implemented by several countries worldwide.
The expected level for this decline is 1960 USD. Before any catalysts emerge to support a strong upward momentum once again.
Forecast: The upward momentum of gold is being hindered by various factors, including loose monetary policies implemented by several countries worldwide.
The expected level for this decline is 1960 USD. Before any catalysts emerge to support a strong upward momentum once again.
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